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Analysts: Suppliers May Gain From Automakers' Tech War
Wednesday, February 4, 2015 - 8:44am | 400Read More...Automakers are near the end of an up-cycle for sales while spending on a "technology arms race" will hurt profits but help their suppliers, an analyst said Tuesday. General Motors Company (NYSE: GM) reported a big fourth-quarter EPS beat ($1.19 actual vs. $0.83 estimate) Wednesday...
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Credit Suisse On Tesla: Checks Point To Strong Demand
Tuesday, January 27, 2015 - 10:15am | 255Read More...Daniel Galves of Credit Suisse on Tuesday stated in a note that various auction and dealer checks suggest that Tesla Motors Inc (NASDAQ: TSLA) is benefiting from strong demand. Galves notes that order-to-delivery time for sales in the U.S. has expanded to a range of 2.5 to three months which is...
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Credit Suisse Thinks WSJ Report On Tesla's Sales Figures Is Misleading
Monday, October 27, 2014 - 3:44pm | 368Read More...Tesla Motors Inc's (NASDAQ: TSLA) recent 26 percent decline in U.S. sales reflects a lack of supply rather than weak demand, an analyst said Monday. Credit Suisse's Daniel Galves took issue with a report in The Wall Street Journal that he said misinterpreted routine sales data gathered...
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UPDATE: Credit Suisse Reiterates On Ford On US Pricing Concerns
Monday, October 27, 2014 - 8:17am | 157Read More...In a report published Monday, Credit Suisse analyst Daniel Galves reiterated a Neutral rating on Ford Motor Company (NYSE: F), but lowered the price target from $15.50 to $13.50. In the report, Credit Suisse noted, “Ford commented that weak car pricing was expected to continue. While the share...
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Credit Suisse Lowers EPS Estimate On Tesla
Monday, October 13, 2014 - 2:21pm | 240Read More...Credit Suisse reduced its EPS estimate for Tesla Motors Inc (NASDAQ: TSLA) in a report issued Monday. According to analyst Daniel Galves, the firm "reduced [its] 2014 EPS estimate to $0.86 from $0.96 to reflect expected drive unit-related warranty charge in Q3." Despite the...
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UPDATE: Credit Suisse Reiterates On Ford Motor Company On Reduced Confidence
Tuesday, September 30, 2014 - 7:56am | 96Read More...In a report published Tuesday, Credit Suisse analyst Daniel Galves reiterated a Neutral rating on Ford Motor Company (NYSE: F), but lowered the price target from $18.00 to $15.50. In the report, Credit Suisse noted, “At its Analyst Day in Detroit on Monday, Ford mgmt provided updated 2014 guidance...
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Credit Suisse Sees Antaya Acquisition As Small But Valuable For Delphi Automotive PLC
Wednesday, September 24, 2014 - 10:02am | 131Read More...In a report published Wednesday, Credit Suisse analyst Daniel Galves reiterated an Outperform rating and $83.00 price target on Delphi Automotive PLC (NYSE: DLPH). In the report, Credit Suisse noted, “Delphi announced Monday it had signed a definitive agreement to acquire Antaya Technologies, the...
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Credit Suisse Initiates Coverage On Tesla, Says It's 'Not A Fair Fight'
Thursday, August 14, 2014 - 8:12am | 134Read More...In a note dated August 13, Credit Suisse analyst Daniel Galves initiated coverage of Tesla Motors (NASDAQ: TSLA) with an Outperform rating and a $324.93. "Electric vehicles are inherently better than Internal Combustion (ICE) vehicles," said Galves. "If Tesla can get to cost-...
